Am I going to be enrolled from day one?
No, you won't be enrolled from day one. We wait 3 months before automatically enrolling you into the pension scheme - but don't worry, you can join earlier if you'd like to!
Why the 3-Month Wait?
This is called a "postponement period" and it's perfectly normal. Here's why we do this:
- Gives you time to settle in and understand all your benefits
- Avoids unnecessary admin for short-term assignments
- Follows best practice that many UK employers use
- Keeps things simple during your first few months with us
Want to Start Earlier?
Absolutely no problem! If you'd prefer to begin saving for your pension from day one (or any point during your first 3 months), you can opt in early.
How to opt in early:
- You'll receive an email from NOW Pensions shortly after you start.
- This email will show your automatic enrolment date (3 months from your start date).
- The same email includes an option to opt in immediately if you prefer.
- Alternatively, just speak to our Payroll team and they'll sort it out for you.
Why Might You Want to Start Early?
- Get Nasa's 3% contribution sooner - that's free money!
- Benefit from tax relief immediately
- Start building your pension pot from day one
- Take advantage of compound growth over time
Questions?
Want to opt in early or need clarification on when your enrolment date will be? Just get in touch with our Payroll team at payroll@nasagroup.co.uk or use our WebChat in the bottom right corner of this page.